The Importance of Having a Trading Mentor

[legend45]

I also make bitcoin my main choice in investing and buying altcoins to diversify my investment in crypto. Because by diversifying we can increase the opportunity to get profit. In investing we must analyze the coins that we will choose and have a good plan when buying them by targeting when we should sell.

Your theory is good, although I am a bit Skeptical because when it comes to choosing what to buy in altcoins I think about it a lot, especially because of what I have been thinking and what has happened to me, one day I bought a lot in Altcoins , and it went down a lot in price , the truth is I lost something considerable, that is why the Option of buying altcoins seems so delicate to me, however I fully trust bitcoin, it does not matter if it falls in price, because I know it will increase , but it is a fact for me that it is the best investment in the world, and I am not afraid of Investing in it at all.

If you are in doubt about altcoins, you should just buy bitcoin, because investing according to what we believe will give us profit and we must do it with confidence.
Actually, there are many good altcoins, of course the top coins that should be chosen are ethereum, BNB, solanan and maybe TON is also good and will give you profit.

The top coins you mentioned are very potential and have a bright future ethereum, BNB, SOL and TON I also invest in those coins. Because it seems like those coins will reach ATH next year.
Bitcoin will always be a priority for those who are skeptical about altcoins, the hesitation may be because they have not done research and understand the top altcoins.

[Faisal2202]

If you are new to trading, especially crypto trading, don’t go it alone. I learned this very late.

Having a mentor in trading is crucial because they provide guidance, share valuable experience, and help you avoid common mistakes. A mentor can accelerate your learning process, offer objective feedback, and help you navigate the emotional aspects of trading, ultimately increasing your chances of success.

I can't agree more with you, but recently I came to know that a person got scammed by an influencer for $10,000, which is just too much money. He trusted him and wanted him to be his mentor, but instead, that person scammed the OP. The point here is, that we should find some mentors but never give away our money to them. Even if they are supporting us with knowledge, we can also support them by spreading the word about them out in the world.

But giving them the money so they can do what ever they want with it is not the way things should go. We should find a mentor and a good mentor never asks for money, they give solutions to the problems and if they charge you money for the course then there is nothing bad in that because they are asking for it and you are getting something in return but first, we have to do thorough research that if he is legit or not.

[Rruchi man]

Having a mentor in trading is crucial because they provide guidance, share valuable experience, and help you avoid common mistakes. A mentor can accelerate your learning process, offer objective feedback, and help you navigate the emotional aspects of trading, ultimately increasing your chances of success.

Learning to trade with the mentor as a guide can give you the emotional support and encouragement to start trading on your own after you've been learning for a while. Some people learn trading for a while; they spend so much time learning to trade and practicing on demo platforms that they lose the confidence to try trading on their own. With a mentor, they can get the motivation to try the live market after some words of encouragement from their mentors that they are ready to for it.

[UNIVERSE]

It is indeed easier if we trade with a mentor because we can take experience and knowledge from the mentor, this will speed up our learning process in trading. but are there any friends who want to be mentors? or are there other people who are willing not to be paid to be mentors, it seems there are none.

Trading should be done ourselves, we don't need to ask to accompany by mentors. I think the mentors only give us the basic knowledge about crypto trading. Mentors won't accompany us in practicing trading, it is not a good way to teach trading. Anyway, I don't know if there are people who are easy to be mentors. Honestly, I have no idea to trade with mentors, I only trade with our own ways. Trading can be learned ourselves, but it is good if someone has a mentor. Well, I have no plan to be mentors.

[sonaa]

Yes, having an experienced mentor can help you understand the intricacies of day trading and guide you towards making the right kind of profits. A mentor can provide strategy planning, guidance, accountability, motivation, and access to patterns that actually work. If the mentor is good, success is certain.

[Azharul]

If we making mony from cryptocurrency market, A mentor is very essential for earn best profit. We also know that trading is one of the best intelligence and talented matter for us, so if we first enter into trading, we can not understand easily. So i think for best trading a mentor is very important. We also know that a mentor will provide best guidance, which will be share his valuable experience. We also believe that an expert mentor can increase our motivation and change our life.

[Aanuoluwatofunmi]

We may not call it a trading mentor as well, but having a guide through whatsoever thing we are doing, we have to follow up a due procedure on whatever thig we are doing regarding trading, that is why we have all the trading indicators available, the market chart for price speculations, then having someone who can serve a physical guide or mentor for more learnings.

[Ujok]

Yes, having an experienced mentor can help you understand the intricacies of day trading and guide you towards making the right kind of profits. A mentor can provide strategy planning, guidance, accountability, motivation, and access to patterns that actually work. If the mentor is good, success is certain.

That's right, if a beginner doesn't have a mentor, I'm afraid that when he trades he just buys coins carelessly so that all he can think about is making a profit, but if a beginner has a mentor then in crypto trading he will be directional in choosing coins and he won't even be confused. trade. Don't choose a mentor carelessly, if possible, the mentor is someone we know or someone we really trust in this matter.

[Hisbullah]

Yes, having an experienced mentor can help you understand the intricacies of day trading and guide you towards making the right kind of profits. A mentor can provide strategy planning, guidance, accountability, motivation, and access to patterns that actually work. If the mentor is good, success is certain.

That's right, if a beginner doesn't have a mentor, I'm afraid that when he trades he just buys coins carelessly so that all he can think about is making a profit, but if a beginner has a mentor then in crypto trading he will be directional in choosing coins and he won't even be confused. trade. Don't choose a mentor carelessly, if possible, the mentor is someone we know or someone we really trust in this matter.

In my opinion, it is difficult to find a mentor in trading, because some friends who have been trading for a long time do not want to share their experiences, they are worried that if there is a loss they will be blamed. In the past, when I was a newbie, I tried to learn by myself and seek knowledge from social media about trading. Although until now I am not an expert in trading, at least I can pamper my finances to get higher profits than losses.

[LUCKMCFLY]

If you are in doubt about altcoins, you should just buy bitcoin, because investing according to what we believe will give us profit and we must do it with confidence.
Actually, there are many good altcoins, of course the top coins that should be chosen are ethereum, BNB, solanan and maybe TON is also good and will give you profit.

There is no doubt about it, btc is the safest option, but a worse example is that I have a friend who became a youtuber, and he and another friend in 2017 made between the 2 of them $1M and the worst thing is that they did not share it with me and I am friends with them, in fact they passed the most difficult subject in college thanks to me, and I am sure that if it had not been for me, they would still be there at this point, so it seemed like a very selfish gesture to me, and they only told me when there was almost no chance of winning, trading, airdrops, I knew nothing about that, and currently one of them knows so much about altcoins that he has this group of signals, which I don't know, but supposedly they always win, and I think their technique is only pump and dump, I think alts hodl doesn't do that.

[LUCKMCFLY]

The top coins you mentioned are very potential and have a bright future ethereum, BNB, SOL and TON I also invest in those coins. Because it seems like those coins will reach ATH next year.
Bitcoin will always be a priority for those who are skeptical about altcoins, the hesitation may be because they have not done research and understand the top altcoins.

Well for me coins like ETH, BNB are very good, especially ETH, because for me it is the second most valuable coin after BTC, plus it has a good history and its movements are really almost the same as BTC, but it is clear in price but it is a very effective preparation for an ALT, on the other hand I have some uncertainty with TON, since it is the coin that has gone down a lot after Pavel Durov was caught, in part it suffered a lot, and after this, if it goes up, I think it will be a wave that can promise in the future.

[Agbe]

If you are new to trading, especially crypto trading, don’t go it alone. I learned this very late.

Having a mentor in trading is crucial because they provide guidance, share valuable experience, and help you avoid common mistakes. A mentor can accelerate your learning process, offer objective feedback, and help you navigate the emotional aspects of trading, ultimately increasing your chances of success.

A lot of newbie traders solely depend on YouTube and books to learn how to trade which isn't a bad idea if you ask me but it's very important to have a trading mentor with a lot of experience to guide you, watching videos online should to grab the technicalities of the market and also the basic things, but when it comes to trading it's important to have someone that can give you instructions in order not to make terrible mistakes that you might regret. Having a mentor doesn't mean that you can't have your own strategy but while in the learning process you must follow directions of whoever you are learning from

[gunhell16]

If you are new to trading, especially crypto trading, don’t go it alone. I learned this very late.

Having a mentor in trading is crucial because they provide guidance, share valuable experience, and help you avoid common mistakes. A mentor can accelerate your learning process, offer objective feedback, and help you navigate the emotional aspects of trading, ultimately increasing your chances of success.

There is no problem if you have a mentor to guide you in learning trading here in the crypto business industry. If you trust him or know him who knows trading, that's okay. Now if you don't know it, that really depends on you.

As for me, I learned without a mentor to guide me; the study I did was my own effort, and I also learned from experiences according to what I learn from those I study in trading in this field.

[LogitechMouse]

If you are new to trading, especially crypto trading, don’t go it alone. I learned this very late.

Having a mentor in trading is crucial because they provide guidance, share valuable experience, and help you avoid common mistakes. A mentor can accelerate your learning process, offer objective feedback, and help you navigate the emotional aspects of trading, ultimately increasing your chances of success.

Having a mentor is good especially when you're a newbie. Also, that increases your chances of making profits through trading in a short amount of time because your mentor will just lead you, and help you to be a better.

I guess having a mentor would be beneficial for a newbie as well because instead of just watching here and there to watch videos, he will just lead to you to a shorter way to success. That is if you have the money to pay that mentor because of course, nothing is free now, and mentors are doing their services to get paid. You're lucky if you get somebody to guide you for free, but I doubt there will be any. Another one is that, having a mentor would increase your chances of making profit, but that doesn't guarantee that you will make profit in the long run. Overall, there are benefits of having a mentor, but that doesn't guarantee that you will not make any losing trades especially in the long run.

[dekafee79]

If you are new to trading, especially crypto trading, don’t go it alone. I learned this very late.

Having a mentor in trading is crucial because they provide guidance, share valuable experience, and help you avoid common mistakes. A mentor can accelerate your learning process, offer objective feedback, and help you navigate the emotional aspects of trading, ultimately increasing your chances of success.

A lot of newbie traders solely depend on YouTube and books to learn how to trade which isn't a bad idea if you ask me but it's very important to have a trading mentor with a lot of experience to guide you, watching videos online should to grab the technicalities of the market and also the basic things, but when it comes to trading it's important to have someone that can give you instructions in order not to make terrible mistakes that you might regret. Having a mentor doesn't mean that you can't have your own strategy but while in the learning process you must follow directions of whoever you are learning from

If you have a mentor in trading, it's great, but how hard it is to find a good mentor, because I see so far many professional traders who are not willing to be my mentor, and I only read books and search for references on Google to learn to become a trader. I have also joined a VIP group in the past, but it was less effective for me.